Chevron swoops for US shale producer with $6.3 billion takeover

Transaction will expand US supermajor’s operations in the Permian and Denver-Julesburg basins

Big deal: Chevron chief executive Mike Wirth. — Big deal: Chevron chief executive Mike Wirth.Photo: CORPORATE EVENTS IMAGES

Fabio Palmigiani

Rio de Janeiro

Published 22 May 2023, 13:06Updated 24 May 2023, 10:49

US Chevron PDC Energy Mike Wirth Permian Basin